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An excellent freehold residential investment producing £750 pcm
In a non-estate location on the western side of town is this first class freehold residential investment comprising an older style 3 bedroom detached bungalow with a small cottage style garden and parking space. Clacton on Sea is a popular seaside town situated some 19 miles to the south east of Colchester and offers a good range of shopping, schooling and recreational facilities. The property is presented in good order throughout and has just been let on a 6 month AST at £750 pcm which expires on 18th July 2016. With a yield representing nearly 8% at the low end of the Guide Price we believe this would be a strong addition to any rental portfolio.
Tenure
Freehold
Viewing
Open days - dates and times to be confirmed
Energy Efficiency Rating (EPC)
Current Rating E
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Tendring District Council. Tel: 01255 686868
Solicitors
Fisher Jones Greenwood Solicitors, Essex House, 98 Pier Avenue, Clacton on Sea, Essex CO15 1NJ, Ref: Jo Millar, Tel: 01255 323103
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.